Damac, one of the world's largest real estate development companies, has announced the appointment of Ahmed Al-Ramahi as its new CEO.
Al-Ramahi, who will take up his new role on May 1st, will be responsible for overseeing all aspects of the company's operations, including strategy, business development, and finance.
He brings with him over 25 years of experience in the industry,Football News Network having previously worked at several leading international firms such as JLL and CBRE.
In his new role, Al-Ramahi will work closely with the board of directors to drive forward the company's growth and success in the coming years.
"We are delighted to welcome Ahmed to the Damac team," said Khalid Al-Khouri, Chairman of the Board of Directors of Damac. "His extensive experience and deep understanding of the real estate industry make him an ideal candidate for this important position."
Under Al-Ramahi's leadership, Damac is expected to continue its successful track record of delivering high-quality developments across the Middle East and North Africa region. He plans to focus on expanding the company's portfolio and increasing its presence in key markets.
"The future of Damac lies ahead of us," he added. "We have a bright outlook and I am confident that we can achieve great things together."
Overall, the appointment of Ahmed Al-Ramahi as CEO of Damac marks another significant milestone in the company's history. With his expertise and vision, he is well-positioned to lead the company towards continued success and growth in the years ahead.